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Cordell Robinson

ray@goldhouserealty.com +1(253) 590-6928

Listed by:Berkshire Hathaway HS NW • Leanne Emery • Paul Frink

$ 650,000

Est. payment | -/mo

6 Beds

6 Baths

2,622 SqFt

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$ 650,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

6 Baths

2,622 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,622 sqft

Price per Sqft $247

Subdivision Yelm

MLS Listing ID 2528181

Style 52 - Duplex

Bedrooms 6

HOA Fees $100/ann

Year Built 1997

Annual Tax Amount $3,998

Lot Size 8,754 Sqft

Property Sub-Type Multi Family

Property Description

INVESTMENT OPPORTUNITY! Fully occupied Yelm duplex generating $3,900/month in current rental income with established tenants in both units. Reported NOI of $39,595 and approx. 6.1% cap rate at current list price, with potential rental upside. Each spacious unit offers 3 bedrooms, 2.5 baths, 1,311 sq ft, primary suite with private bath, pantry, washer/dryer, forced-air gas heat, abundant storage and attached 1-car garage. One unit has been beautifully remodeled with granite counters, updated cabinetry, laminate flooring and modern fixtures. Partially fenced yards. Convenient to JBLM, shopping, restaurants, Lacey & Olympia. Buyer to verify financials.

Location

State WA

County Thurston

Area 453 - Yelm/Rainier

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood Products

Garage Spaces 2.0

Amenities Available Cable TV, Fenced-Partially, High Speed Internet, Patio, Sprinkler System

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected, STEP Sewer

Water Public

New Construction No

Schools

Elementary Schools Southworth Elem

Middle Schools Yelm Mid

High Schools Yelm High12

School District Yelm

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

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+1(253) 590-6928

ray@goldhouserealty.com

2301 6th Ave, Tacoma, WA 98403

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15334 Berry Valley DR SE #15332 Yelm, WA 98597